Tag: Finance Ministry
No Interest On Interest for Loans Upto Rs 2 Crore on Moratorium: Finance MInistry
"The undersigned is directed to convey that in view of the unprecedented and extreme COVID-19 situation, the Central government has approved "Scheme for grant of ... Read More
Finance Ministry Approved Tamil Nadu To Raise Additional Loan of Rs 9627 Cr Through Open Market
The permission was issued after the State formally communicated its acceptance for Option-1 to meet the shortfall arising out of GST implementation. 21 States and ... Read More
Supreme Court Ask For an Update on Financial Restructuring from Finance Ministry & RBI
A bench headed by Justice Ashok Bhushan and comprising Justices R. Subhash Reddy and M.R. Shah said, "The Government of India, as well as Reserve ... Read More
Government Assessing Feasibility of Relief to Bank Borrowers
Government has accordingly constituted an Expert Committee for making an overall assessment so that its decisions in this regard are better informed. Read More
Finance Ministry Sanctioned Rs 8594 Cr Proposals of Stressed NBFCs & HFCs
The scheme, which was launched on July 1, permits both primary and secondary market purchases of debt and seeks to address the short-term liquidity issues ... Read More
World Bank and Government of India Sign $750 Million Agreement for Emergency Response Programme for MSMEs
The World Bank’s MSME Emergency Response Programme will address the immediate liquidity and credit needs of some 1.5 million viable MSMEs to help them withstand ... Read More
Special Liquidity Scheme for NBFCs and HFCs
RBI will provide funds for the Scheme by subscribing to government-guaranteed special securities issued by the Trust. The total amount of such securities issued outstanding ... Read More